Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2023

Shareholders' Equity

Schedule of stockholders equity

	Three-month Period Ended March 31, 2023
			Accumulated
			Other				Capital in						Total
	Retained		Comprehensive				excess of				Treasury		shareholders’
	Earnings		Loss		Common Stock		par value		ESOT		stock		equity
December 31, 2022	$	23,741	$	(2,337)	$	523	$	14,556	$	(157)	$	(1,214)	$	35,112
Retirement benefits adjustment		—		13		—		—		—		—		13
Stock based compensation		—		—		—		17		—		24		41
Net Loss		(1,547)		—		—		—		—		—		(1,547)
March 31, 2023	$	22,194	$	(2,324)	$	523	$	14,573	$	(157)	$	(1,190)	$	33,619

	Three-month Period Ended March 31, 2022
			Accumulated
			Other				Capital in						Total
	Retained		Comprehensive				excess of				Treasury		shareholders’
	Earnings		Income		Common Stock		par value		ESOT		stock		equity
December 31, 2021	$	25,858	$	(3,908)	$	523	$	14,500	$	(258)	$	(1,349)	$	35,366
Retirement benefits adjustment		—		22		—		—		—		—		22
Stock based compensation		—		—		—		2		—		23		25
Net Income		325		—		—		—		—		—		325
March 31, 2022	$	26,183	$	(3,886)	$	523	$	14,502	$	(258)	$	(1,326)	$	35,738

Summary of restricted stock activity

		Weighted Average
		Grant Date Fair
	Shares	Value
Restricted Share Activity:
Unvested at December 31, 2022	27,010	$	11.09
Granted in 2023	725	$	10.77
Vested in 2023	4,978	$	11.03
Unvested at March 31, 2023	22,757	$	11.09

Schedule of earnings per share

	Three Months Ended
	March 31,
	2023		2022
	($000’s omitted except per share data)
Net (Loss) Income	$	(1,547)	$	325
Weighted average common shares outstanding (basic)		2,460		2,432
Unvested restricted stock		24		3
Weighted average common shares outstanding (diluted)		2,484		2,435
Basic
Net (loss) income per share	$	(0.63)	$	0.13
Diluted
Net (loss) income per share	$	(0.63)	$	0.13